GROUNDFLOOR Finance Growth, Revenue, Number of Employees and Funding

Overview

Location:
Atlanta, GA USA
Total Funding:$13.8M
Industry:Fintech
Founded:2013
Lead Investor(s):Fintech Ventures
Press

City Ranking

Industry Ranking

State Ranking

Estimated Revenue & Financials

  • GROUNDFLOOR Finance's estimated revenue is currently $11.3M per year.
  • GROUNDFLOOR Finance received $4.2M in venture funding in September 2018.
  • GROUNDFLOOR Finance's estimated revenue per employee is $192203
  • GROUNDFLOOR Finance's total funding is $13.8M.

Employee Data

  • GROUNDFLOOR Finance has 59 Employees.
  • GROUNDFLOOR Finance grew their employee count by -8% last year.
  • GROUNDFLOOR Finance currently has 1 job openings.

Executive Contacts

NameTitle
Chris SchmittVP Software
Garrett DanielsDirector of Lending Operations
Kathy CalderiniDirector of Sales
Jeff SealDirector of Account Management
Richard PulidoSVP, Head of Lending and Risk Management
Arthur SchleiferChief Marketing Officer
Rhonda HillsSenior Vice President, Marketing
Benjamin SuttonVP of Finance & Operations
Glenn GilbertDirector of Asset Management
Justin BurrisDirector Of Engineering

What Is GROUNDFLOOR Finance?

Groundfloor is the first and only real estate lending marketplace open to non-accredited investors. Before Groundfloor, only accredited investors had access to the diversification, risk-adjusted returns & control available via private market investments. Groundfloor opens the door to short-term, high-yield returns backed by real estate. We bring together individual investors looking for short-term lending investments and borrowers looking for short-term financing for their specific real estate projects. The borrowers get access to more flexible, faster and cheaper capital than a traditional bank or a hard-money lender. Investors get access to short-term, high-yield investments offering returns that average over 10%. Since funding the first Groundfloor loan in 2014, thousands of individual investors have built their own portfolios of loans ranging in yield from 5% to 23%, on terms of 6 to 12 months, starting at a minimum investment of $10 per loan. Groundfloor earned a historic qualification by the SEC in August 2015 to sell private real estate debt investments to non-accredited investors. The company was founded in 2013 by Brian Dally and Nick Bhargava and is headquartered in Atlanta, Georgia. Our fast-growing team is on a mission to benefit individual investors and the investments they fund by reformatting and opening private capital markets to broad public participation.

keywords:Marketplace,Banking,Finance,Real Estate

59

Number of Employees

$11.3M

Revenue (est)

1

Current Jobs

-8%

Employee Growth %

$13.8M

Total Funding

N/A

Valuation

N/A

Accelerator

B2B

Type

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GROUNDFLOOR Finance Funding

DateAmountRoundLead InvestorsReference
2013-10-28$UndisclosedUndisclosedBandwidth LabsArticle
2014-08-20$1.0MUndisclosedArticle
2015-12-10$5.0MAFintech VenturesArticle
2018-02-23$4.3MUndisclosedArticle
2018-09-21$4.2MUndisclosedArticle